Through the lens of our core values, our goal is to deliver best-in-class solutions across the full Morgan Stanley ecosystem. OUR INTEGRATED APPROACH TO ESG COMBINES THE CONSIDERATION OF DIVERSITY AND INCLUSION, CLIMATE AND SUSTAINABILITY: We aim to mobilize capital to support sustainable finance solutions with a focus on ESG matters. As a part of our ESG efforts, we seek to make our global operations more sustainable, our workforce more diverse and our workplace more inclusive. Through the Morgan Stanley Institute for Sustainable Investing (ISI) and the Morgan Stanley Institute for Inclusion (IFI), we leverage our expertise, networks and resources to help drive adoption of more sustainable and inclusive practices across capital markets and communities in which we conduct business. We believe Morgan Stanley’s robust governance and business practices help foster client and stakeholder trust, and provide a foundation for success. ESG governance, encompassing our diversity and inclusion, climate, and sustainability efforts, starts with leadership from the top and is embedded in committees across the Firm. Morgan Stanley board of directors (Board) committees have explicit oversight responsibilities for D&I, climate and sustainability. The Governance and Sustainability Committee, which was previously the Nominating and Governance Committee, has overseen ESG initiatives for several years.